Examples of Facility A Revolving Loans in a sentence
If any such amount required to be paid by any Facility A Revolving Lender pursuant to this Section 2.3.2 is not made available to such Issuing Lender by such Facility A Revolving Lender within three Business Days after the date such payment is due, such Issuing Lender shall be entitled to recover from such Facility A Revolving Lender, on demand, such amount with interest thereon calculated from such due date at the rate per annum applicable to Base Rate Loans that are Facility A Revolving Loans.
All borrowings, conversions and repayments of Facility A Revolving Loans shall be effected so that each Lender will have a pro rata share (based on its Facility A Revolving Commitments) of all types and Groups of Facility A Revolving Loans.
Each such notice shall be effective upon receipt by the Administrative Agent, shall be irrevocable, and shall specify the date, whether such borrowing is to be of Term Loans, Facility A Revolving Loans or Facility B Revolving Loans, the amount and type of borrowing and, in the case of a Eurodollar borrowing, the initial Interest Period and the Applicable Currency therefor.
If no election as to the Type of Borrowing of Revolving Loans is specified, then (A) a Borrowing of Facility A Revolving Loans or Canadian Revolving Loans requested in dollars shall be an ABR Borrowing, (B) a Borrowing of Canadian Revolving Loans requested in Canadian Dollars shall be a Canadian Prime Rate Borrowing and (C) a Borrowing of Facility B Revolving Loans other than Canadian Revolving Loans shall be a Eurocurrency Borrowing with an Interest Period of one month.
The Borrower shall repay to the Banks in full on the Revolving Loan Termination Date the aggregate principal amount of Facility A Revolving Loans and Facility C Revolving Loans outstanding on such date together with all accrued and unpaid interest thereon.
All Facility A Revolving Loans shall be made on a pro rata basis by Facility A Lenders in accordance with their respective Facility A Proportionate Shares, with each Facility A Revolving Loan Borrowing to be comprised of a Facility A Revolving Loan made by each Facility A Lender equal to such Facility A Lender's Proportionate Share of such Facility A Revolving Loan Borrowing.
The Borrower shall pay to the Agent for the account of each Bank a commitment fee with respect to such Bank's Facility A Commitment equal to the Commitment Fee Rate per annum times the daily average amount by which such Bank's Facility A Commitment exceeded the sum of the aggregate Effective Amount of its Facility A Revolving Loans plus its Pro Rata Share of the Effective Amount of L/C Obligations (other than with respect to Commercial Letters of Credit).
The holder of this Facility A Revolving Note is authorized to record the date and amount of Facility A Revolving Loans made by the Bank, the amount of interest accruing from time to time and the date and amount of each payment or prepayment of principal thereof on the schedule annexed to and constituting a part hereof, or on a continuation thereof which shall be attached hereto and a part hereof and any such recordation shall constitute prima facie evidence of the accuracy of the information so recorded.
Subject to Section 2.2.1, each partial prepayment of Facility A Revolving Loans and Facility B Revolving Loans shall be in a minimum amount such that the Dollar Equivalent thereof is $1,000,000 and an integral multiple of $1,000,000 in excess thereof.
Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Facility A Revolving Loans.